What's wrong with the new finance industry regulations

David Childs, global managing partner of international law firm Clifford Chance, gives his views on the impact of new regulations on the banking industry.

Two years on, are we better prepared for the collapse of a multinational bank With reams of new regulations committed to law, one would think so. However, David Childs, global managing partner of international law firm Clifford Chance, sees a very large chink in the shiny new armour.

You've lived through this crisis, working closely with some of the world's largest financial institutions and companies. Are we out of the woodsWe have come a long way but, despite...